Syndio Launches New Product Focused on Making Promotions Equitable & Explainable
/SEATTLE, March 14, 2023 /PRNewswire/ -- Each year, Equal Pay Day shines a spotlight on pay inequities due to gender, race, and ethnicity. The pay gap, however, is rooted in a problem that goes far beyond just pay: opportunity inequity. Without equal access to opportunities to advance to higher-level, higher-paying jobs, the pay gap is exacerbated. To close the pay gap – and make Equal Pay Day January 1 for everyone – organizations need to look inward and hold leaders accountable to provide equal opportunities for women and employees of color to advance.
Today, Syndio, the world's leading workplace equity analytics platform, is expanding its groundbreaking OppEQ™product with Promotions, a new solution that helps companies analyze and address the leading cause of pay gaps: disparities in promotion rates across gender, race, and ethnicity.